marketing fear Archives by Mark Murnahan

What 40 Years Have Taught Me About Marketing

I turned forty today. I’m happy about it, too. It doesn’t really feel like forty quite yet, but I’ve done it! I have lived long enough to have some well-earned gray hair, and a good amount of wisdom that comes with it. For such a young guy, of course.

My forty years have come with a lot of lessons. Having spent well over half of those years as a marketing professional and business owner, I’ve learned a lot about marketing. I’ve shared large volumes of my experiences here on the Internet, and I feel great to say that I’ve helped a lot of people with that experience.

One of the things I learned about marketing is the value of brevity. Keep it short. Keep it easy. Don’t get too confusing with all of your wordiness. I learned it, and then I threw it out the window for the purpose of this blog. Brevity matters when you are selling something, but I am not. If you can embrace some blatant verbosity today, I’ll reward you with some valuable real life marketing lessons.

Did you get that? It’s my birthday, but I’m trying to give you a gift. I guess that’s lesson one. When you give more, you receive more, and it’s an important principle of marketing. It’s a principle that is far beyond most people’s patience threshold, but to the ones who get it, it is invaluable.

I’ve shared a lot of helpful principles and practices of marketing on this blog. Much of it comes directly from things I learned through decades in the marketing profession. I feel good about that, and I know I’ve made an impact. I’ve helped a lot of people reach their goals, both business and personal. I plan to continue that work, but in a different way.

The Announcement That Changed My Life: Sayonara Mediocrity

At forty years old, I decided it is time to change things up. I intended to be fully retired by now, and a few years ago, I was actually well-prepared for it. I had plans to race cars full time, and my work was going to focus only on things I love. My bank is not as big as it used to be after somebody screwed up the world’s economy, so I’m still working. That should not keep me from pursuing the work I love, so I’m doing it … I’m making one of those scary changes I’ve encouraged so many others to make.

As I announced a few weeks ago, I stopped taking new clients (of course, that is unless somebody with really big goals and a ginormous budget comes calling). It’s very liberating. Now I feel even more free than ever if I need to call somebody out for being an apathetic bonehead. I’m also inspired to believe that if I tell you something, you’ll feel confident there is not an underhanded agenda just to sucker you out of your hard-earned money.

A challenging fact of marketing is that the best marketing consultants will never receive as much benefit as the client. It’s why many independent marketing consultants have their own products or services to market, outside of the marketing industry. The best marketers know that marketing is an investment rather than wasted money, and that if they build their own business, they will always be paid far more than by boosting a client’s return on investment.

Sometimes clients will find themselves skeptical about who receives the greatest benefits, but it is the client and not the marketing consultant. I explained this in an article titled “Find Good SEO: Why Good SEO Don’t Seek Your Business“. Being regularly at odds with that inherent negativity and skepticism in the market is why I’m changing things up and creating some significant career moves. No, it’s not because I’m not good at it … I’m just ready to move on to something more positive and inspiring.

Today, more than ever, I hope you will listen up and take some good direction. Give this gritty old marketing guy a chance to help shape your perceptions and understanding of marketing. I serve some pretty good food for thought about marketing, and many easily actionable tasks that you can put to use in minutes. In fact, here are six ways to improve search engine ranking in under one hour. There’s one caveat: they are only useful if you use them.

I have no reason nor desire to lie to you or mislead you, and I cannot recall a time when I intentionally misled anybody about marketing. So slow down and stop worrying about the next thing to click.

Velocity is Great in a Market, But Sometimes You Must Slow Down

Rushing around the Internet looking for the next bit of marketing enlightenment is not where you really want to find yourself in another 15 minutes or half hour … or three months … or next year. That’s what everybody else is doing, and if you think searching the web and looking for the next bottle to rub and hoping a genie will pop out is a better option, you’re likely to get pretty average results.

Settle down and look for the greater benefits. A mathematical fact of the online marketing space is that an average result is abysmal. It’s true! Most companies really stink at reaching an online market, and never get much out of it. I find that it is very often because they don’t slow down – breathe – get some oxygen in their brains and pay attention. They don’t pay attention to their market, and they don’t pay attention to things that can help them to reach their market more effectively. They are often all mouth and no ears, and rushing too hard to get things right that they get it all wrong. That’s them, and I hope you will make the choice to not be one of them.

Honesty in Marketing: It’s Not All Evil!

Marketing is often viewed with a sizable dose of skepticism. If somebody will gain from it, there is a frequent perception that somebody also loses. It’s not true, but this skeptical belief often hurts people in their own marketing, based on how they view marketing as a whole. If I am introduced to something as a result of marketing, and I trade my money because I wanted it, did somebody automatically lose? I got the thing I wanted, and the company marketing to me got what they wanted.

Yes, there are a lot of dirty scoundrels who will lie to you about marketing, but in the big picture, dishonest companies just don’t make it very long. It reminds me of a principle I implemented to create one of my most successful business endeavors, and it was a single word. It came to me when I asked my wife and business partner to summarize what made us stand out from the crowd, and what made us better than the competition. She said “It’s easy, Mark. It all comes down to a single word … Integrity.” That moment will never leave me, and it has provided me a great amount of success.

Marketing Wisdom: It Only Appears Simple

Even today it feels strange and almost surreal to say that I’ve been in marketing for 25 years … but I have. I was raised into marketing, and I was sitting in boardrooms offering my opinions from the time I was a teenager. I started my first company when I was so young that my mother had to sign the legal papers … for years.

It took a long time to make good sense of it all, in business. In fact, I still utterly stink at some points in business, but the part I do understand is marketing. I know from many years of running successful (and some not so successful) businesses that marketing will make or break a company. They don’t make it easy to understand, either. Even in the best universities, they often talk about a lot of theories and concepts, but where the fork meets the food, it takes some stomach-churning hard work to see real success. I know, because I’ve done that, and if you ask me, or any of my peers who have earned anything more than six-digits per year, you will find very few of them who came by it with simplicity.

Stop buying into people’s notions that it is simple. If it was really so simple, it probably wouldn’t be very profitable.

TAM, SAM, SOM, ROI, SEO, SMM, and PECKERs

There are enough acronyms and industry buzz phrases to bring my lunch back to the top of my throat. Some of those acronyms really matter, such as TAM (Total Available Market), SAM (Served Available Market), SOM (Serviceable Obtainable Market), ROI (Return On Investment), and many others. These matter in huge ways, but they are very frequently misunderstood or overlooked because of shortsightedness, which often comes from a frightened accountant who knows little about marketing or how the company actually gets the money to pay their salary.

In small businesses, it is often because, although the person in charge was good enough in their field to start a company, they were not good enough at business to understand that being good at a trade does not mean being good in business. Being good in business means knowing where your weaknesses are, and knowing how to fill those gaps with people who are as good or better at their field of knowledge than you. That’s right, the best business leaders learn to effectively delegate what is out of their league. It’s why I don’t handle my own bookkeeping, and why people in other trades are usually let down when they try their hand at marketing.

Other marketing acronyms are beaten to death, like SEO (search engine optimization) and SMM (social media marketing). These buzz phrases are so popular these days that dishonest people use them to fool companies. In online marketing, they talk about building more website links, but they throw out good ideas of why somebody would actually want to link to their website … and they often hold the absurd notion that more links is always a good thing. The really misinformed marketers will lead you to believe that social media marketing is all about networking and socializing.

This kind of shortsighted and misinformed thinking is why I created my very own acronym for 2012, and I welcome you to read why I’m very proud to call myself a “PECKER” (Profit Engineer and Competition Killer with Extraordinary Resources).

Advertising is Only a Very Small Part of Marketing

I find that a lot of people imagine marketing to mean advertising what they offer for sale. This is only a small part of what makes up marketing. Marketing addresses many other things, including a whole lot of math, creativity, strategy, and so much more. An easy example is to look at anything you have for sale, and answer the question of why you priced it at the level you have. Is it because of its cost to produce? Did you leave it up to the competition to decide your price? Did you ever actually do the research to know what it’s worth – and not just that – to the right audience? Did you get that research just right, or is it really so impossible that you made some costly mistakes by using guesswork instead of basing it on the right factors?

The ways that marketing influences a business are far too numerous to list in a single blog. I hope you’ll think about some of those things you may have overlooked. I welcome you to my blog archive to help get the wheels turning. There are hundreds of articles there, and I think you’ll find them very useful if you slow down.

Throw Out Your Sandwich and Make a New One

I hear a lot of people regurgitating the last thing they heard or read about marketing, and how fresh the latest idea is. I guess maybe it was fresh sometime before it hit a squillion blogs, but now it’s like a day-old tuna sandwich sitting out in the sun.

Great marketing is seldom a matter of seeking the latest and greatest thing. Following trends is important, but following them too closely that you follow the mistakes is often a train wreck in the making. The things that work are not just following what everybody else fervently exclaims will work. Great marketing requires research, testing, and discovering what works – really works – for your company, and being the one all of those trend-talkers are talking about. It is not about tweeting, Facebooking, Flabunctuating … or whatever the next big trend is.

I’ve written volumes about social media, including hundreds of thousands of words, and even a book. I marvel at how many people think it is something new. Did you think social media is new? It’s how I met my wife, well over a decade ago … and many close friends years before that. Social media helped me to grow several of my companies quite abundantly, too, but social media is not a unicorn net or a leprechaun trap.

One of its greatest uses is to listen and learn about what makes your market tick … and then use that information. Many people are too short-sighted to take things to a new level of analysis, and understand what to do with a good analysis. Most are unwilling or unable to dig deep into their creativity and find ways to make their brand stick out like a sexy model passing out free bacon sandwiches and all expense paid trips to “Available-Sexy-Model-and-Free-Bacon-Sandwichville”.

I witness many scared companies making scared decisions, but I’ve watched a lot more scared companies fail than I care to count … and that’s because they don’t count. The ones that count are the ones willing and fearless enough to do what it takes to be more like you want your company to be. Not like the bottle-rubbing, instant-enlightenment-seeking, one shot wonder at the competitor down the street – like you – or at least your vision of you. So stop being scared! Go out on a limb. That’s how people succeed in the real world of business.

Fear of Failure Destroys Marketing Efforts

I know the extreme power of fear. I have witnessed it throughout my career, and I’ve even allowed myself to be a casualty of fear at times. There is nothing easy about making the kind of commitment it requires to be successful. This goes for anything you really want in your life, whether it’s a spouse, a family, a new home, a new car, or an improved bottom line in your business. It takes a leap, but it doesn’t have to be simply on faith.

If you think about your marketing as a foundation of your company, which it really is, you will find yourself on a much stronger path. I know, it’s easy to try and argue the point. The accountants think accounting is the foundation, the attorneys think the legal structure makes the foundation, and the people who created the company think it’s all about the product or service … but that’s really not true.

Businesses simply do not work without being marketed. Even in the most obscure and complex examples you can throw out there, the biggest factor between success and failure of two equal companies really does come down to how well they are marketed.

I Believe You Could Do Better With Your Marketing

How could I put this any more clearly? You can do better! Failure to control your fear impulses and continuing to worry about what will not work is a fast track to failure. Try thinking more along the lines of what you stand to gain, instead of cowering to the fear of what you stand to lose. Then consider what you continue to lose effortlessly because you’re waiting. There is a steep cost of missed business opportunities. In fact, it is often the worst scenario of all. Getting out of your easy chair to face your fears is a huge factor in success, and I know it from experience.

I turned ideas into millions of dollars within only a short time after completing my 8th grade education. It didn’t take an MBA, or however you spell those fancy degrees hanging on the “smart guy’s” wall. It took research, creativity, and a good supplier of balls. I said balls, and you can call me a bad marketer for that … but if you want to know about selling balls – or selling anything else – read this article to get your thinking up and bouncing: “SEO, Social Media, and Marketing Balls”

Stop worrying about the cost of marketing done right, and start focusing on the positive outcome if you do. There are plenty of chickens out there, and I hope you aren’t one of them … and if you are, I hope you’ll make a commitment to change it.

Some Personal Lessons I Learned About Marketing

When I consider why I advocate for people to take their marketing more seriously and stop waiting for “something” to change, I look inward at how it has changed my life. I imagine the things that would never have happened without marketing, and I’ll give you a glimpse.

I dropped out of school at age 15 to start my first company. That could have gone quite miserably without good marketing.
I retired (the first time) at age 25. Without good marketing and having guts, that would have sucked for the average 15 year old dropout.
I met my wife in 2000 by using good marketing skills … online … with social media. Without that, I would not have the three wonderful kids I enjoy so much today.
I learned to competitively control automobiles at over 170 miles per hour (270+ KPH). It took a lot of marketing to own a race team. It is what I wanted, and because of good marketing, I made it happen.
I learned that making everybody happy is not required. Making the right ones happy is a whole lot more productive.
I learned that without climbing out on a limb and having the courage to embrace the immense value of marketing, I would have very few of the things that bring me joy and sustenance today.
I learned that sharing what I know feels very good, but even better when people will use it to improve their own lives.
I learned a whole lot more, but that’s why I have an archive, and that’s why this blog is not finished yet. Please subscribe if you want to keep learning with me.

I have no intention of explaining all that I have learned about marketing in a single blog article. That would be impossible. I hope that you will be willing to take a good look and accept some useful tips from a guy who has been around the block. I hope you will bookmark my blog archive and keep coming back to feed your brain with some useful marketing advice. I also hope you will subscribe for more to come soon. Don’t miss the point that it will make a lot more difference to your business than it will mine.

I also welcome you to get to know me. I’m a very approachable guy who loves the field of marketing, and I’m always delighted to be helpful.

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Hypocrisy in Hiring Social Media Services

Many companies want a bigger, stronger, and more productive online audience. So, it makes sense to look toward the Internet when they need help, right? It seems a common answer is “no”.

It may seem strange that so many companies need and want help to market themselves better online, but yet, turn to an offline connection to help them do it. A lot of companies who are in the market to hire a consultant for their online marketing are seeking a warm handshake, meetings in-person, and looks in the eye. They are understandably cautious about this sort of service. It makes sense, but yet it doesn’t.

The topic came up in a conversation with a friend earlier today. He is excited about partnering with a company that provides social media consulting services. He gave me the web address, and said he had spoken to them about how I am able to help them with their online presence. It sounds crazy, right? The social media consulting company needs social media help.

What shook me was that he said they have more business than they can presently handle, but their online presence is miserable. How miserable? They have sent under 100 tweets on Twitter, their latest video on YouTube had under 50 views and was uploaded over a year ago, and more than I can express, it was simply atrocious! Even the big rage online marketers have been touting lately … Klout (the online influence measurement company) did not have a profile for them.

Oh, but they’re selling like mad, so it really made me question the logic. How can somebody be successful at something without a demonstrated ability to do it? Even if they can do it, how can they be taken seriously if they don’t practice what they preach? This may sound just a bit jealous, but for many years, I thought I actually had to prove that I know my business. I have been wrong, and I see similar instances all the time. I think they must just smell really good, but I’ll explain that.

This is one side of the hypocrisy, but I’m not to the good part yet … the buyer’s hypocrisy.

Smelling is Not Due Diligence … Research Is!

I certainly recognize and respect the human aspects of doing business. It feels good to look somebody in the eye, and a lot of people believe they can tell a person’s integrity from their body language. Of course, it helps if you have training in the field of psychology, or spent some time as an F.B.I. agent. Let me tell you, though, there are plenty of people who will fake anything for money … I’ve met some of them.

I’d like to point out some things I’ve learned from over a decade and a half in a line of work where I have met less than one tenth of one percent of my customers in person. It really doesn’t hold the benefit to the client that most people imagine and hope for. It actually turns out that it is a whole lot more beneficial to the seller than the buyer.

Here’s where the buyer’s perception gets screwy. Think about this for a moment: Doesn’t this seem hypocritical to imagine a company that wants to sell more online, but cannot make their own fact-based judgments online? Companies often seek the faith of their customers online, but they, themselves, do not have the faith they ask from others. They have the tools at their disposal for making rational and logical decisions, but prefer to use a less effective and less objective tool set, in their meeting room. What’s worse, it often hurts the buyer, by opening them up to whatever brand of fairy dust is being pumped into the room.

Meeting in person will not tell you if somebody knows the Internet as accurately as their demonstrated abilities online will show. In fact, it will show a whole lot less than spending some time with our old friend Google. The only thing shaking hands and talking in a meeting room will reliably prove is whether they know more about the Internet than you do. It will not prove whether they know more than your competitor, and it will not prove whether they know how to produce an appropriately targeted audience, or even a fraction of what they say. Spending time researching them online is what proves those things.

Sitting across a table will not tell you if they are a crook. Ironically, you have to look online for that! The only thing it will really tell you beyond what you can learn online, over a telephone communication, or a Skype video conference is how they smell.

I’ll just tell you right now … I smell like cigarette smoke and coffee, but I can bend a crooked online marketer over my knee and whip them like the crybaby sissy bed-wetter they are.

Rational Thinking Eludes Confused People

It may just be a little too rational for companies to seek social media services where they can actually shop and compare, and can see who has demonstrated abilities or does not. Companies are made up of people, and people are not rational and logical about things they don’t fully understand, such as social media marketing, search engine optimization, and other areas of online marketing.

I’m too deep in the online side of this equation to be objective, but I categorize this as an absurdity. It seems as hypocritical as it gets for a company to ask customers for faith in something they fear too much to embrace. My best guess is that they are just waiting for a good smelling pitch man.

What do you think? Please share your comments on the topic.

Oh, but wait … here is some bonus material.

Where Can You Find Good Marketing People, and How Will You Know?

Just when I thought I was done writing about this topic, I realized that it leaves a question open about a better way to seek an online marketing professional. I do not have all the perfect answers, because that question has a lot of possible conclusions. I’ll give you a couple thoughts that may help you.

First and foremost, consider how you arrived here. If somebody sent you here, ask them what else they know. Sure, there may be a few dummies reading my blog, but I would suggest that many of them I have encountered are pretty bright, and have a strong interest in the areas of social media marketing and/or SEO. Look at the comments here on this article and check those people out. If they have been reading for a while, they probably have some pretty good ideas about marketing online.

Of course, if you arrived because I brought you here … call me … ask questions. I am for hire! Even if I cannot help you, I’ll try to suggest a good match and avoid a costly catastrophe. I am not a good fit for everybody, and I only take on one to three clients at any given time, but I sure know a lot of quality people in my line of work.

Your best fit will depend on your needs and expectations. If you want marketing excellence, it may require more digging, and the investment will be much higher.

If you are trying to keep within a small budget, or you have a tight time frame, be sure to understand how and why it will affect you return on investment. Discuss this with any potential marketing professional you are considering. Be sure they have an acceptable answer for you.

I must suggest, just as I have previously explained about search engine optimization, many of the best marketing people are not looking for you. It is also true, in my case, and I believe many other do not enjoy the sales process of their work as well as they enjoy the work they do. So, it may be best to not expect them to do a lot of schmoozing.

In any instance, the most important factors regarding their experience and knowledge will be found online. If they are good in their line of work, they will be very easy to discover with a search for their name on Google. Look at what they are doing online. Check them out. See what others are saying about them. Read their blog … a lot! It will give you a much clearer view of their ideas and their methods.

Finding the right fit will be worth your effort. Due diligence takes patience, but it will save you a lot of money and hassles! On the other hand, a horrible mistake I see companies endure is believing that because a friend, acquaintance, or somebody in their area knows just a little about Twitter or Facebook, they are safer with that, than to risk the effort and do a little research. Maybe they really are the right one, or maybe they are not. If the way they smell is used as a primary measurement, the company gets what they deserve. It is often how companies end up with fakes like these “marketing experts”.

OK, so I’m asking again … What do you think?

Photo Credit:
NO MORE PROTESTS by hobvias sudoneighm via Flickr

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Persecution of Excellence: What Einstein Knew About Marketing

You are more excellent than you are letting on. You cannot convince me there is no more excellence within you than what you produce. You just aren’t giving it everything you can, and my guess is you are aware of it.

Excellence is challenging, and even terrifying to the majority of people, and that keeps them holding steady at “normal”. Everybody will not become excellent, or it would no longer be excellent … it would just be average. People are not all equal, but we can each do much better.

As much as people say they want to uncover their excellence, they neglect it, and they run from it when they discover how hard it will be. The efforts required for producing excellence that stands out from the crowd is enough to scare away most people. Those people include the ones you compete with every day. If you want to take that as looking on the bright side, at least you can know they aren’t giving it their best, either. Oh, but what if they ever do?

Why do people neglect or fall short of excellence? I’m going to share some ideas in terms I believe you will find useful.

One of the world’s greatest thinkers, Albert Einstein said “Great spirits have always encountered violent opposition from mediocre minds.” I am a fan of Einstein, and I have enjoyed his works in the field of theoretical physics. As great as his works were, I don’t think he ever said anything more true or meaningful than this statement.

Try to think of the ways you see excellence being persecuted. I see it in corporate politics, where showing excellence can be looked down upon as it makes coworkers and the boss look less valuable. Going above and beyond often creates the opposite of the expected rewards, and can harm friendships, or even get a person fired from their job. This sounds insane, to me, but I see it all the time!

I often watch excellence being torn down in marketing plans, in schools, and even in families. We live in a society that rewards being average, and marginalizes excellence. The rewards for excellence are still many orders of magnitude greater than average, but accordingly far more challenging to achieve. You cannot deny this fact, but you can overcome it, if you are committed enough.

Applying Excellence to Marketing

I’m here to talk about marketing. To get marketing right … and that means creating an optimal return on investment … excellence is required. I said “optimal” … not “acceptable”, and there is a huge difference. The problem is that excellence comes with a higher level of commitment and/or a different time frame than most people in business are willing to reach for.

Claiming a “commitment to excellence” is little more than a buzz phrase to a lot of companies. Actually doing it is quite another matter. That is partially because most people and companies do not have enough faith in their own excellence to demonstrate it in their marketing. They are too busy watching and imitating others. Even in cases where they can see it in their future, there are other huge elements in the way, like fear, torment, and ego!

I believe that everybody has a higher degree of excellence waiting to be released, but I also believe that most will never use it. In reality, it is a fortunate truth that most people do not have all that it takes to be excellent. They have the basic recipe, but they also have huge fears of the associated persecution, and that breeds apathy and other traits that are unseemly and certainly not excellent. Most will give up and stop seeking excellence, and you can use that to your advantage, if and when you choose to. Yes, beyond simple ability alone, it is a conscious choice!

One of the greatest sacrifices is that you must make vows against mediocrity, and stop accepting less than excellence.

Persecution of Excellence Observed

I would not say these things if I did not have first-hand experience to demonstrate. Here’s a dramatically shortened story of others’ attempts to squelch excellence.

I was a pretty bright kid, but my school didn’t know what to do with that. I butted heads with the teachers all the way up to my 15th birthday. Just after I turned 15, I left school for the last time and started a new company. I worked very hard, against great odds, to enhance my business excellence and my credibility in marketing. By the time I was 25, I took an early retirement. That worked for a while.

A few years later, I met my wife and went back to work building another company. It was hard work, too. We invested every last dollar we had at our disposal in that company. The first couple years were filled with 100+ hour workweeks and scrutiny from every angle.

During those first couple years, Peggy’s parents hated me. They looked at me like a “dreamer” and they simply could not understand why I was still working so hard at my job as a CEO when it cost me more than it paid me. They wanted me to go get a job working for somebody else, the way they had done. They even passed that influence on to my wife, and she began to persecute me as well.

The company was an overwhelming exercise in excellence, and we eventually proved the value of that excellence. We finally got to collect massive paychecks, and some of the persecution subsided. I recall one day when my mother-in-law came to visit. It was after we had far exceeded the top one percentile of money earners, built an amazing new home, and my wife was driving out of our new driveway in a new $70,000 car with my mother-in-law to go shopping. I asked my wife to call me if she needed more than the $50,000 credit card in her purse. That was when my mother-in-law finally came around to say “I guess you’re not such a bad son-in-law after all, Mark.”

The truth was later evident that the only manifestation of excellence she understood had been the money-rewards. She never saw excellence before that. She never realized why I had worked so hard, or even that my work had anything to do with it. To this day, she has still never recognized that the sacrifices were to achieve excellence … and not average.

In 2009, we were hit very hard by the worldwide economic collapse, and the persecution resumed in full force, and from all angles. Knowing what I learned in years past, can you imagine my response? Let’s just put it this way … I am not in the pursuit of “average”, and I never will be.

Some people will always be incapable of achieving true excellence, and others will be incapable of recognizing it. If you let that stop you, then you will settle for average.

Is it worth the sacrifices to achieve excellence? My answer is an emphatic “Yes!” Of course, that is a personal choice that each of us must make.

What do you choose?

P.S. I want to share something that I can credit, in part, for the topic of this article. It is a blog post by Janet Callaway titled “10 Great Quotes that Explain Why“.

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Marketing Clients vs. Crybaby Sissy Bed-Wetters

When people lack confidence in proper marketing, they lose! They lose time, they lose opportunities, and they lose money … lots of it! I don’t even feel a need to prove this, because for people who don’t get it, we have a phrase for that. The phrase is “survival of the fittest”, and if you have some guts, you are far more fit than a lot of your competition.

Believe me when I say that most of your competitors are total wimps! If we took them back to elementary school, you could see most of your competition walking to the office to call Mommy and ask her to bring a dry pair of pants to school. They are scared, and to say they are “pants-wetting scared” is not such a big stretch.

I mean, look at yourself … aren’t you just a tiny bit creeped out? Doesn’t it give you the willies just a little to do what it really takes to grow your company?

Seriously, if you never knew this, you deserve to know. Most people making decisions about marketing for their company are scared to death of marketing. I am going to share a real-life story with you in a moment to emphasize the point, but for a moment, just take it on faith.

This common fear of marketing is especially the case with the good kind of marketing that comes with proper research, solid strategy, efficient forecasting, and net profit … yes, positive return on investment. The reason the good profit-generating marketing is scariest of all is because it is the kind that requires decisive action … and money!

Drat! It’s another one of those long reads. Don’t worry, though, because I recorded it for you. Just click play and listen if you like. It is sure to give you some food for thought and a laugh … I’m sure of it!

The Way Many Companies View Marketing

A lot of companies seek the lowest possible effort and the highest possible return. That is smart business, but they often focus more on that low effort and completely lose sight of the highest return.

You see, now that every reception desk has a computer, marketing is pretty much free. Just look around and you may discover that this is how your competition sees it. Anybody can prepare and execute a brilliant marketing campaign. All they have to do is sign up for one of those Facebook thingies, Twitterize 25-26 hours per day, and put some smiley-happy employees and customers on YouTube.

Voila! The marketing is fixed, and the money train will be chugging down the tracks in no time!

It may sound crazy to you, and I hope it does, but this is really how a lot of companies approach their online marketing. It is so simple that all it will take is a tweet or a Facebook mention. They see companies like the ones mentioned in an article I read in Telegraph.uk. Here is a quote:

Ticketmaster estimates that every time one of their customers posts on Facebook that they’ve bought a ticket, their friends spend an additional $5.30 with the site. When last year’s Google conference was taking place, they tweeted the morning of the conference: “100 tickets left, 550 bucks a piece, use this promotion code”. 11 minutes later they tweeted, “Sold them, thank you.” That’s $55,000 in sales with one tweet in 11 minutes.

Rub a lamp and wish for a genie! You don’t have Ticketmaster demand or Google reach. Something is stopping you, though, and it is not the tools … it is the planning and strategy. If you keep doing what you are doing, you will likely keep getting what you get. If it is time to step it up, then step it up and do something brilliant. Do something with a strategy! On the other hand, if it is time to lie down and die … do that, and go peacefully. Just don’t keep waiting for that magic genie to arrive. He’s not coming!

Break for a Wise Marketing Tip:

Some people actually screw this all up and think that what they are paying for with proper marketing is just a task. Any moron can do a task, so it should be cheap, right? I provided some examples of this train wreck mentality in the articles as follows:

Social Media Marketing Pricing Like Cab Rides by the Pothole“

… and the profoundly absurd

“Hourly Rate for Setting Up Social Media Profiles?!“

Damn the luck, it seems that somebody tried to shove the whole population of marketing professionals into the same cage as if we are all the same critter. The good and bad are all mixed into one, and along with my high-end marketing buddies, I guess people surely think that we get paid for what we do.

The larger truth is that we get paid for what we know, how we know how to know what we know, how we think and analyze, who we know, and the other really unimaginable stuff that comes with experience, marketing talent, and brute creativity.

Pete and The Amazing Pee-Pants Pizza Parlor

I have a story about a guy named Pete. Seriously, this is a true story. Pete is very excited about selling his wildly amazing and awesomely marketable pizza franchise across the USA. He will possibly succeed, once he gets out of his own way, but he is still walking around in wet pants and trying to keep from vomiting at the thought of finally bringing it to market.

Sure, Pete logically knows that marketing is his most important asset. He realizes that Starbucks was a little coffee company and Subway was a little sandwich shop, and still would be without great marketing.

Actually, his name is not Pete, and his business is not pizza, but I’ll use that. His name is close enough to Pete, and his retail food franchise business is close enough to pizza to make the same point. The story is about a series of calamities that just drive me nuts. Nuts enough to share my opinion, and to welcome yours.

Here is the “hot sheet” version of how things have gone so far. Pete contacted me a year ago about his business. He was referred to me by a friend whom he trusts. Our mutual friend told Pete that the project was way out of her league. She explained that based on his hopes for massive adoption of his new franchise opportunity, he needs Murnahan (that’s me). Not a guy like me … me!

When Pete first contacted me, he was in an urgent rush to get his marketing in order. He was very concerned that he had already waited too long. He was afraid that based on his time frame for other business plans, he needed me on the project “yesterday”.

Pete was more than just a little blown away by things I shared with him about the possibilities for his business. I guess it was stupid of me to start dolling out free brain-juice, but heck, he was a referral, after all. Based on his own wildly flattering statements toward me, I was assured that he wanted to be my client, so I let fly with a few pan drippings from my brain in the roasting pan.

Dumb dumb Murnahan … I knew better, because giving too much freebie talk is a big open door to truckloads of non-paying brain work. I do it though, and it almost always bites me in the ass, because people really hate that transition to actually paying for the knowledge they need.

Skipping forward a damn long year and a whole bunch of phone calls that he has never paid for, Pete is calling me with wet pants again. He needs some serious help, and he talks like he is actually ready now.

The huge pause in his business was a funding snafu. Wouldn’t you know it that somehow those banking folks actually like qualified market projections in the business plan before they fund a deal. It is too bad Pete never thought of getting some better facts to work with. Maybe a year wouldn’t have spun by so rough for him.

Well, I guess we’ll kill the hooker tonight and worry about it tomorrow. Now we can just wing it on a half-assed budget and hope to make the bank happy. Yep, that’s how we roll, right Pete and Pete-like thinkers?

By the way, when I tease Pete about his wet pants or describe him as a shaky handed sweaty little fella who pulls the blankets over his head so the monsters don’t get him, I want to note that I like Pete. I like him plenty fine, even if he is a crybaby sissy bed-wetter and horrific planner.

Pete is a fine fella, and he will likely do very well in his business. His first and scariest step will be to listen to the consultant / strategist as much as he talks. Actually, before he can meet that scary challenge, he will have to get up off his steamy little pee-soaked wallet and pay for the scary monster he needs advice from.

The craziest thing I ever heard was when he finally rubbed his wet panties into my telephone ear yesterday and started asking for references. What the hell? We covered that last year! He has been putting his short-n-chubby in my ear all this time, reading my blog, sending me Facebook messages, email, and asking me for more brain-drippings, and now he’s asking if I’m qualified?! This is the same guy who has referred others to me when they needed serious help!

His biggest expressed concern is that I am a few hour flight away from his cozy little blankie. He wants to be able to manage my work close-up. Well if that isn’t silly … all it takes is money. If he is doing it right … I mean, right enough to sell 150 pizza franchises in the next two years, the least of his worry should be the cost of an airline ticket!

Somebody just effin’ give me a tequila, a hooker, and quarter to call home and I’ll sell more damn pizza stores than this guy can handle.

Pete has hopes, but they are only hopes so far. They are not goals, because he doesn’t have the market data to set goals yet. He is pretty reluctant to gather it, too.

Why do people try to kill me like this? Is it because they don’t have confidence in their market offering? Is it because they are so scared they would rather go broke than invest wisely in their own futures? Is it because they have no balls? What the hell?

I swear, if I put Pete in a room with the guy I recently wrote about hoping to put “100 percent” into his health and beauty industry marketing, but yet keep the budget under $10,000, I could slow down time enough that my trip to the looney bin will feel like a whole lifetime! Maybe my conniption will be worth it.

OK … that got a little teensy bit rant-ish, but sure was fun! Go ahead and level me out. Be my friend and help me to calm down and breath slower.

😉

I sincerely believe that marketing in itself is the hardest field of all to market to clients. It is because in damn near every other product or service I have ever marketed, there is always some sense that the potential customer has two brain cells to rub together. This is often simply not the case when people are in the market for marketing services. Not since the invention of the Internet money-train.

One more thing … Can somebody tell me who I need to whack over the head to get a decent client with dry pants?

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Do You Accept SEO or Social Media Marketing Contracts Under $10,000?

I could sit here at my computer all day and tease people who are willing to take on small contracts in the field of SEO and social media marketing, or the clients willing to pay them. Many of those clients are broke, and there are a lot of bad people with an SEO and social media flag waving to attract the last of their money.

Giving them a hard time can be very fun, but it is not really all that productive. After all, there is a huge majority of small businesses who seek somebody to help them, but do not have the needed resources for a grand entrance to the online market. There are also some talented marketing minds who like working with small or short-term contracts. I prefer to help bring them together.

I don’t accept those contracts, but not because I am an arrogant jerk who thinks he knows it all. I don’t arbitrarily look down upon those companies, and I don’t automatically look down upon the people serving them. It is just not my market, and I turn away business every day because of this.

If you accept small projects in SEO and social media marketing, I have some free leads for you. I don’t mean just a bunch of shabby sales leads from people hoping to spend an hour of research online to find a free website that will earn them a squillion dollars. I mean real companies hoping to make an entrance to their market.

This does not mean that I am a bad option, or that I am expensive. I return huge profits for my clients, and I am worth many times my rates. It also does not mean that you are bad, or “cheap”. We all have our market space here, and mine is in long-term and well-funded strategic projects. In fact, you can use me as an example to show your potential clients that you are not just trying to rip them off. It really does cost a lot of money and work to create success. Bigger success takes bigger experience, bigger money, and bigger strategy. Those are the projects I accept.

I believe that we both have a similar challenge of building confidence in customers. I even expressed some troubling truths only a few days ago in a long-winded article about a short-sighted customer who has done business with me for years. Check it out for yourself: “Marketing ROI Factor: Are You a Client or a Customer?”

In reality, the upfront cost of an optimal campaign in SEO or social media is prohibitive for the majority of companies. Sure, if they could pony up the money for a well-researched campaign, they could turn over their investment at a much higher velocity. As it is, they will have a higher opportunity cost by cutting corners, but that is often the only option. It is an option that you may be able to deliver.

Even when the cost is not the biggest hurdle, putting money into an online marketing campaign is a damn scary proposition for many companies. Even when and if they can swing the money, they will dip their toe in to check for sharks before they go swimming. It is frequently not the best option, but it is a popular option. Again, it is an option that you may be able to deliver.

Note: Sharks are my friends, and whales are my clients. The other fish are looking for you. You like fish, right?

People probably ask you a lot of questions about this industry. You will sometimes need a third-party resource to help make your point. I am happy to help you ease their tension, and to help them make better decisions. My blog is always here, and there is a lot of useful information in my archive. I don’t even want a finder’s fee to send paying customers your way, or to help you explain the benefits of SEO or social media marketing to your customers. Not at all, because if you have a small budget to work with, the last thing you need is to spiff me with money.

I love spiffs, but I prefer to pay them rather than receive them. Reference my article earlier this year titled “SEO and Social Media Reward: $5,000 for Introduction“. Yes, I really do prefer to pay you a $5,000 finders fee than for you to pay me a hundred. I am a money-spending madman like that. 😉

The Caveat … Yes, The Fine Print

The first thing to do is add your comment here on this article.

Of course, I don’t just want every cockroach in the Twinkies dumpster to hold out their hand for a free crumb. I want to hear from people who actually have a quality value proposition. The big catch is that for each person with their hand out, I will be watching. Yes, I will be looking at you, and judging you. I intend to provide a small degree of vetting. If I like what I find, I may put a spotlight on you in a follow-up article.

Because we are talking about people who looked to me for help, I am not about to mess up my reputation by referring them to somebody who will rip them off. I will watch my server logs to see how much and how long you have read my work. If you have been reading, and if you have subscribed, it is far more likely that we share similar principles. I will also notice if you have been a blog troll or lurker. If you are a non-communicating type of person, start communicating, and stop hiding in the shadows if you want my referral business.

Very Important: I will notice whether you are honest with your comment, and with your communications elsewhere on the Internet.

I welcome you to add your comments to explain your value. Feel free to spam all you like. If you seem spammy to me, I have a delete button for that. I tend to react pretty abruptly to people who annoy me. For example, don’t even think about commenting with your favorite keywords in place of a name. I am looking for people … real people with real names … who want more business.

The upside of my offer is that if you are legitimate, I would like to help my readers with appropriate options, and for us to possibly work together for mutual benefit. I am serious when I say that I want quality people to refer small project business to. If you are good and honorable, we may work together a lot in the future.

I have assembled a phenomenal team for producing massive success, but there never seems to be enough marketing talent to trust with the smaller projects.

I would also ask that in the event that you are ever over your head, that you consult me. You may find that you have enough resource to help that whale of a client after all.

Other Cost-Related Articles
Although it may seem hard to turn away a client only because of their budget, there are minimums I simply don’t work below. For more thought-provoking articles on the cost of SEO and social media marketing, and perhaps help with explaining cost to your clients, I offer the links as follows:

Photo Credit:
Broken Piggy Bank by Images_of_Money via Flickr

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